ASL Marine Holdings Balance Sheet Health
Financial Health criteria checks 2/6
ASL Marine Holdings has a total shareholder equity of SGD92.0M and total debt of SGD206.0M, which brings its debt-to-equity ratio to 223.9%. Its total assets and total liabilities are SGD516.2M and SGD424.2M respectively. ASL Marine Holdings's EBIT is SGD27.7M making its interest coverage ratio 1.1. It has cash and short-term investments of SGD16.1M.
Key information
223.9%
Debt to equity ratio
S$206.02m
Debt
| Interest coverage ratio | 1.1x |
| Cash | S$16.05m |
| Equity | S$92.02m |
| Total liabilities | S$424.17m |
| Total assets | S$516.19m |
Recent financial health updates
Health Check: How Prudently Does ASL Marine Holdings (SGX:A04) Use Debt?
May 13
Health Check: How Prudently Does ASL Marine Holdings (SGX:A04) Use Debt?
Jan 27Is ASL Marine Holdings (SGX:A04) A Risky Investment?
Aug 25Is ASL Marine Holdings (SGX:A04) Using Debt Sensibly?
Apr 19Is ASL Marine Holdings (SGX:A04) Using Too Much Debt?
Jan 04Does ASL Marine Holdings (SGX:A04) Have A Healthy Balance Sheet?
Sep 13Recent updates
ASL Marine Holdings Ltd.'s (SGX:A04) CEO Compensation Looks Acceptable To Us And Here's Why
Dec 12ASL Marine Holdings (SGX:A04) Might Have The Makings Of A Multi-Bagger
Aug 06We Think That There Are Issues Underlying ASL Marine Holdings' (SGX:A04) Earnings
May 22ASL Marine Holdings (SGX:A04) Is Doing The Right Things To Multiply Its Share Price
Apr 21Here's Why ASL Marine Holdings Ltd.'s (SGX:A04) CEO May Deserve A Raise
Oct 24ASL Marine Holdings' (SGX:A04) Solid Earnings Are Supported By Other Strong Factors
Sep 06There's Been No Shortage Of Growth Recently For ASL Marine Holdings' (SGX:A04) Returns On Capital
Aug 31Revenues Not Telling The Story For ASL Marine Holdings Ltd. (SGX:A04)
Jul 18Health Check: How Prudently Does ASL Marine Holdings (SGX:A04) Use Debt?
May 13Health Check: How Prudently Does ASL Marine Holdings (SGX:A04) Use Debt?
Jan 27Is ASL Marine Holdings (SGX:A04) A Risky Investment?
Aug 25Is ASL Marine Holdings (SGX:A04) Using Debt Sensibly?
Apr 19Is ASL Marine Holdings (SGX:A04) Using Too Much Debt?
Jan 04Does ASL Marine Holdings (SGX:A04) Have A Healthy Balance Sheet?
Sep 13Is ASL Marine Holdings (SGX:A04) Using Debt Sensibly?
May 27A Quick Analysis On ASL Marine Holdings' (SGX:A04) CEO Salary
Feb 11Financial Position Analysis
Short Term Liabilities: A04's short term assets (SGD223.8M) do not cover its short term liabilities (SGD316.2M).
Long Term Liabilities: A04's short term assets (SGD223.8M) exceed its long term liabilities (SGD108.0M).
Debt to Equity History and Analysis
Debt Level: A04's net debt to equity ratio (206.4%) is considered high.
Reducing Debt: A04's debt to equity ratio has reduced from 235.1% to 223.9% over the past 5 years.
Debt Coverage: A04's debt is not well covered by operating cash flow (19.5%).
Interest Coverage: A04's interest payments on its debt are not well covered by EBIT (1.1x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/31 12:50 |
| End of Day Share Price | 2024/12/31 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2024/06/30 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
ASL Marine Holdings Ltd. is covered by 5 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Siew Khee Lim | CGS International |
| Jeremy Thia | DBS Vickers Research |
| Thor Lunder | DNB Markets |